Forbes report: Kansas City is a top 5 metro for high-wage jobs
June 28, 2017 | Bobby Burch
Kansas City is atop yet another national list touting its economic vibrancy.
Forbes recently released a report analyzing U.S. cities that create the most high-wage jobs, and Kansas City earned the No. 2 spot. The magazine said the City of Fountains’ low taxes and pro-business regulatory environment helped launch it into the top five cities for high-wage jobs.
“KC, better known in the rest of the country for barbecue and its music scene (though not quite Nashville), has grown a vibrant economy based in good part on service businesses in architecture and innovative administrative support models (especially for health care providers), accounting for some 100,000 jobs in professional and business services,” Forbes’ Joel Kotkin wrote.
The study analyzed Bureau of Labor Statistics data from the 70 largest labor markets in the country. It evaluated employment in the business services sector over time, looking at short-, medium- and long-term job trends.
Kansas City boasts 469,200 jobs in the business services sector, netting a 9.3 percent growth between 2011 to 2016, according to the report. Its growth in business service jobs outpaces tech hotbeds such as San Francisco and San Jose.
Nashville, Tenn., took the No. 1 spot in the list with 968,800 jobs in the business services sector and a 20.6 percent growth between 2011 to 2016, according to the report. Austin earned the No. 3 spot, San Francisco the No. 4 and Dallas a No. 5 ranking.
2017 Startups to Watch
stats here
Related Posts on Startland News
Video: Nonprofit wants to bring coworking, craft fairs and farmers markets to Troost
Nonprofit group Troost Market Collective hopes to revitalize a section of Troost Avenue — from 31st to Linwood — bringing a coworking space, art collective and maker spaces, as well as regular festivals and farmers markets. While other developers are busy building residential and retail space along the Troost corridor, Troost Market Collective co-founders Katie Mabry…
Troost revival: Can a brewpub, retail and 670 housing units mend racial divide?
No turning back now, Ilan Salzberg said. “This is real,” the Wonder lofts developer laughed, gesturing at the freshly installed kitchen cabinetry and hardware in a model apartment unit at 30th Street and Troost Avenue. Wonder is expected to be the first of three major residential developments to open between 27th Street and Armour Boulevard…
LaunchCode wins MIT Innovation challenge, $150K award
LaunchCode, a nonprofit that bolsters the tech workforces in St. Louis and Kansas City by offering free but rigorous coding courses, was recently recognized for its innovative approach to reinventing the future of work. The Massachusetts Institute of Technology announced that LaunchCode is a grand prize winner of its 2017 Inclusive Innovation Challenge, awarding the…
Pipeline receives up to $2M from Kauffman Foundation grant
Pipeline Entrepreneurs announced Tuesday that the fellowship program is deepening its relationship with the Ewing Marion Kauffman Foundation and receiving a challenge grant of more than $2 million over the next four years. The grant amount is dependent upon private fundraising with the foundation matching dollar-for-dollar, a release said. Launched in 2006, Pipeline offers an…